BUSINESS NEWS

Zim can be a global manufacturing centre for Lithium batteries

Econet founder Strive Masiyiwa has said Zimbabwe has the potential to be a global manufacturing centre for the type of Lithium batteries."We are already using Lithium battery systems in DPA and we are...

By Staff reporter | Published: 09 March 2018

OPINION

Mnangagwa govt's approach realistic

Despite President Emmerson Mnangagwa's rather scary nickname of "the crocodile", his warm smile can make him both appealing and approachable.However, recently he has clearly begun to feel the frustrat...

By Knowledge Moyo. | Published: 09 March 2018

BUSINESS NEWS

Capacity utilisation to surge to 48%

THE Confederation of Zimbabwe Industries (CZI) has projected capacity utilisation to increase to 48% in 2018 from 45,1% as companies continue to invest in growing their businesses, businessdigest has ...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

Coca Cola shortage to hit Zimbabwe

Well, that could soon be a reality in Zimbabwe.The popular drink, which is already in short supply, is likely to disappear from the shelves in the next few weeks, thanks to the foreign currency shorta...

By Staff reporter | Published: 09 March 2018

POLITICS

Mnangagwa demands $1bn war compensation from DRC

PRESIDENT Emmerson Mnangagwa last week took his election campaign begging bowl to Democratic Republic of Congo (DRC) President Joseph Kabila, where the two leaders also discussed the political and sec...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

Russia, Zimbabwe ink military deal

Zimbabwe and Russia plan to develop military-technical cooperation, in which the eastern European country would intensify its supply of weapons to the Zimbabwean army.This came out during meetings bet...

By Staff reporter | Published: 09 March 2018

POLITICS

Mugabe ceded power to Mnangagwa in 2008, reneged in 2013

President Emmerson Mnangagwa could have been sworn into office, as early as December 2014, after former leader, Robert Mugabe, had reportedly struck an informal gentlemen's agreement to hand over the ...

By Itai Mushekwe | Published: 09 March 2018

POLITICS

Mugabe's aides rounded-up, interrogated over NPF

DOMESTIC and security staff at former President Robert Mugabe's private residence in Borrowdale, Harare, were on Wednesday reportedly taken to Josiah Magama Army Barracks and quizzed by military offic...

By Staff reporter | Published: 09 March 2018

POLITICS

Court grants temporary reprieve for Chombo

Former cabinet minister, Ignatius Chombo and former Zanu-PF National Youth Chairman, Kudzanai Chipanga's bail reporting conditions have been relaxed by the courts.Harare magistrate, Tilda Mazhande rel...

By Staff reporter | Published: 09 March 2018

POLITICS

MDC-T moves to kick out Khupe

The MDC national council will meet soon to start formalities to expel the party's vice president Thokozani Khupe.This follows yesterday's expiry of a seven day ultimatum given to Khupe by the same org...

By Staff reporter | Published: 09 March 2018

POLITICS

Mnangagwa takes fight to Mugabe

Former president Robert Mugabe's aides at his Borrowdale mansion in Harare were on Wednesday questioned by State security agents who are trying to unravel the despot's political manoeuvres that have t...

By Staff reporter | Published: 09 March 2018

POLITICS

Mnangagwa unhappy with Mugabe

President Emmerson Mnangagwa is gradually losing patience with his former boss Robert Mugabe as the latter becomes visible once again in politics - a few months before high-stakes general elections.Bu...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

Mnangagwa spells out new economic development model

Government will soon introduce a new development model under which provincial authorities are allowed to draw up their own budgets and evaluate their own economic output as part of a broader vision by...

By Staff reporter | Published: 09 March 2018

POLITICS

Mnangagwa to meet college officials, students, bankers

PRESIDENT Emmerson Mnangagwa is expected to meet vice chancellors, college principals, bursars, investors, bankers and student leaders today, during an indaba aimed at addressing infrastructure challe...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

Old Mutual unveils 1 082 serviced stands

OLD Mutual Group has unveiled 1 082 housing stands in Bulawayo that are being serviced under a public private partnership (PPP) agreement with the local authority.Speaking at the ground-breaking event...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

Russia to set up industrial zone in Zimbabwe

Zimbabwe and Russia yesterday signed three Memorandums of Understanding (MoUs) one of which seeks to facilitate the setting up of a Russian industrial zone here.The MoUs were signed at Munhumutapa Gov...

By Staff reporter | Published: 09 March 2018

POLITICS

Zanu-PF takes over Youth League debt

President Mnangagwa yesterday said Zanu-PF will take over the more than $350 000 debt owed to service providers by the party's Youth League to enable the wing to function without hindrances. The previ...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

Zinara to float diaspora bond

The Zimbabwe National Road Administration Authority will be floating a diaspora infrastructure bond after successfully raising $105 million from the previous infrastructure bond floated last year.Zina...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

Mnangagwa to launch Zim ICT Drive

PRESIDENT Mnangagwa will on Wednesday next week launch the Zimbabwe Information Communication Technology Drive, a revolving fund to support the works and development of young ICT innovators.The fund w...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

Govt shoots down Zesa tariff proposal

ENERGY and Power Development minister Simon Khaya Moyo has shot down a recent application by energy utility Zesa to increase electricity tariffs.Moyo says increasing the cost of power would scuttle ef...

By Staff reporter | Published: 09 March 2018

POLITICS

Mnangagwa under pressure over poll reforms

Opposition United African National Council (UANC) leader Nesbert Mtengezanwa has petitioned President Emmerson Mnangagwa to make major reforms to allow for a fair vote.Mtengezanwa's UANC was founded b...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

Russians eye Zim diamonds

Visiting Russian Foreign minister Sergey Lavrov says top Russian mining firms are interested in investing in the Zimbabwean diamond industry.Addressing a press conference soon after meeting with Presi...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

Sunny spells, thundery showers forecast

Zimbabweans might be waking up to rain and yet more mud, but the good news is that the weather is still set to improve, with most areas mostly sunny and hot, the Meteorological Services Department (MS...

By Staff reporter | Published: 09 March 2018

POLITICS

Chombo, Chipanga bail conditions relaxed

Former cabinet minister, Ignatius Chombo and former Zanu-PF National Youth Chairman, Kudzanai Chipanga's bail reporting conditions have been relaxed by the courts.Harare magistrate, Tilda Mazhande rel...

By Staff reporter | Published: 08 March 2018

BUSINESS NEWS

Beitbridge-Harare highway dualisation takes shape

Officials from Geiger International, the company contracted for the dualisation of the Beitbridge - Masvingo - Harare highway are now on the ground identifying sites to set up bases, with machinery fo...

By Staff reporter | Published: 08 March 2018

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